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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 210498, member: 22847"] [B]AceTraderFx[COLOR=darkred] July 12: [/COLOR]Intra-Day News and Views– EUR/USD Intra-Day Market Moving News and Views[/B] Update Time: [B]12 July 2022[/B] [I]05:30GMT[/I] [B]DAILY EUR/USD OUTLOOK - 1.0028[/B] Despite euro's short-covering rebound from Friday's fresh 20-year trough of 1.0073 (Europe) to 1.0190 in post-NFP New York, Monday's selloff on safe-haven usd buying n subsequent weakness to 1.0035 in New York, then to 1.0007 today may head to 0.9945/50 before correction. Look to sell again on recovery for 0.9975 and only daily close above 1.0073 risks retrace. to 1.0117/20. [/QUOTE]
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